Yesterday we informed you about a new action camera from MGCOOL and today the company officially announced the launch of the next-generation MGCOOL Explorer 3 4K-enabled action camera. As usual, the camera will be initially available for pre-order at a stunning price on Gearbest and Banggood.

Firstly, the MGCOOL Explorer 3 is an excellent GoPro alternative because of a wide range of features. The price factor will be a major advantage in the Explorer 3 when compared to GoPro as it will be available below $100 with a rich set of features. Moreover, the upcoming Explorer 3 will ship not only with support for EIS but also Gyroscope. Hence, you will be able to capture shake-free images even in extreme conditions. The highlight will be the ability to capture images up to 14MP or 16MP, which is higher than competing cameras.

The main attraction of the MGCOOL Explorer 3 is that the camera offers support for native 4K resolution. You will be able to record pure native 4K videos at 30fps as well as FHD and HD videos at 60fps and 120fps respectively. The MGCOOL Explorer 3 is equipped with the advanced power saving iCatch V50 processor and you will be able to capture attractive images and videos at high efficiency. The camera also provides support for H.264+, which provides 100% image quality with double compression ratio.

On the specifications front, the Explorer 3 features a 2″ touch display, Panasonic 34112 image sensor coupled with a 7-glass Sharp lens and 1100mAh battery. The advantage of the 7-glass lens is that it increases light intake and filters out stray light. Hence, it is possible to capture clear images even in low light conditions. The camera is also water resistant up to 30m.

The Explorer 3 will ship with advanced features not available with other budget-friendly action cameras. You don’t have to spend a huge amount of money to purchase a good action camera so, based on reports, the camera will be available below $100 during the presale offer. For more information, visit the official product page.